Arbitrum

Link to Application

https://forum.arbitrum.foundation/t/equilibria-finance-ltipp-application-draft/21402

Council - 3/3 Yes Votes

Feedback

Wintermute Feedback) Equiliria’s application scored well across most criteria. Their application had a thorough execution plan with sufficient justification for milestones, goals, KPIs, and the calculation of their requested grant size. Furthermore, their execution strategy should lead to a significant amount of stickiness and long-term benefits post-incentive period. The protocol’s design will inherently make Arbitrum more competitive due to higher socialized yields. Lastly, there has been proven demand for the product and the grant will help scale it further. We will be supporting this application.

404 DAO Feedback) Equilibria presented a solid application with strong justification and a fair ask. Overall we are supportive of their execution plan and believe that optimizing yield opportunities for Pendle participants will being additional TVL and activity to Arbitrum. We will be supporting this application.

Karel Feedback) "Vote FOR Equilibria’s proposal.

Well-written proposal that scored decently on rubric. Given traction of product, justification for grant size, and detailed execution plan and approach to driving stickiness post-LTIPP, believe good use of DAO capital to incentivize and scale up further."